The LNG is a dynamic and versatile industry which promotes the ambiance for particular challenges encountered with complex projects implementation. This comprehensive training course paves the way for extensive knowledge depth which enhances the business directions, verifies project alignment to the business vision and strategy and broadens the project management landscape.
The LNG project management training course –supported by market case studies - spotlights the best practices to manage the various aspects of the project effectively throughout various phases of its lifecycle from conception through Design, planning, monitoring and controlling to closure and handing over to the customer and operation.
This training course identifies the essential tools and techniques required to ensure accurate project baselines setting and LNG projects risks qualitative and quantitative estimation. It also portrays the main factors that lead to successful projects delivery and highlights major risks and factors that cause project failures based on various analysis results.
This training course will highlight:
- The importance of technical and commercial proposals compliance and business value proposition
- The project management framework in the LNG industry
- The tools and techniques required for a seamless project integration and delivery
- How to implement best practices and benchmarking to optimize risk control in the LNG projects
- The effectiveness of SMART project KPIs identification for accurate project tracking and reporting
- Introduction to modern project management methodologies
By the end of this training course, you will learn to:
- Understand the importance of project commercial and technical compliance and alignment to business plans
- Develop a comprehensive project management plan
- Utilize the CPM and PERT techniques by developing project network diagram
- Analyze project performance by measuring earned value against project baselines
- Demonstrate critical problems solving by implementing the learned industry best practices
- Familiarization with Agile framework and principles
Day 1
Projects Pursuits, Tenders & Awards
- Prioritization of projects and associated risks
- Opportunity value proposition and strategic business case
- Technical proposal
- Commercial proposal
- Agreement and responsibility matrix
- Project Sanctioning and approval
- Project charter
Day 2
Project Environment, Stakeholders & Risks
- Highlight project objectives and milestones
- Define various project environmental factors
- Benchmarking LNG typical practices
- Study similar LNG projects success and failure factors
- Identify project stakeholders and their influence
- Involve internal project team
- Identify potential risk occurrence relevant to LNG industry
- Qualitative and quantitative analysis techniques
- Internal kick-off meeting
Day 3
Project Planning – Scope, Schedule, Cost & Procurement
- Identify project scope baseline
- Develop Work Breakdown Structure (WBS)
- Prepare a network diagram
- Build a Gantt chart
- Identify the outsourcing requirements
- Define the appropriate contract type
- Vendors selection criteria
- Budget baseline
Day 4
Project Execution, Monitoring & Controlling
- Project revenue phasing
- Project billing and cash flow
- Change management
- Track the project – using EVM
- Quality control
- Project Cost and Schedule Recovery Techniques relevant to the Oil & Gas industry
- Late recovery practices
- Project handover and learned lessons
Day 5
Introduction to Modern Project Management Methodologies
- Modern methodologies implications
- Principles of Agile framework
- Fundamental processes
- Agile aspects and team roles
- Scrum visual board and activities log tracking
- Retrospective and continuous improvement
This training course targets industry practitioners who already have the fundamental knowledge about the project management and LNG industry. However, the basic fundamentals will be briefed prior to deep diving into advanced concepts and techniques to ensure alignment of all delegates to the training syllabus topics.
This training course is suitable to a wide range of professionals but will greatly benefit:
- Project and Programme Managers
- Head of PMO & Senior Management
- Bids and Proposal Managers
- Project Lead Engineers
- Business Commercial Managers